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CORPORATE GOVERNANCE STATEMENT (cont’d)<br />
8. STRENGTHEN RELATIONSHIP BETWEEN COMPANY AND SHAREHOLDERS<br />
8.1 Shareholder Participation at General Meetings<br />
The Board acknowledges the importance of effective communication with shareholders and the investment<br />
community, and adheres strictly to the disclosure requirements of Bursa Securities. The Board also recognises the<br />
importance of maintaining transparency and accountability to its shareholders and investors.<br />
Quarterly reports on the Group’s results and announcements can be accessed from Bursa Securities’ website. In<br />
addition, the Group’s Annual Report contains a review of its financial performance, supported by facts and statistics.<br />
The AGM is the principal forum for dialogue with shareholders.<br />
Shareholders are notified of the meeting and provided with a copy of the Annual Report at least 21 days before<br />
the meeting. At the AGM, the Board provides an opportunity for shareholders to raise questions pertaining to<br />
the business activities of the Group. All Directors are available to respond to questions from shareholders during<br />
these meetings. The external auditors are also present to provide professional and independent clarification on<br />
issues and concerns raised by the shareholders.<br />
8.2 Poll Voting<br />
The shareholders are given the opportunity to vote on the regular businesses of the AGM, viz. consideration of<br />
the financial statements, consideration and approval of directors’ fees, re-election of directors, re-appointment/<br />
appointment of auditors and special business if any, by a show of hands. In specific cases where required, the<br />
result would be determined by a poll.<br />
The Chairman will explain the voting procedure before the commencement of any general meeting. The Board is<br />
mindful on the new requirement of mandatory poll voting on the resolution approving related party transactions<br />
pursuant to Paragraph 10.08(7A) of Bursa Securities Listing Requirement.<br />
8.3 Communication and Engagements with Shareholders<br />
As there may be instances where investors and shareholders may prefer to express their concerns to an independent<br />
director, the Board has appointed Mr. Wong Hoy Kim, the Senior Independent Non-Executive Director to handle<br />
the concerns may be directed. At all times, investors and shareholders may contact the Company Secretary for<br />
information on the Group.<br />
Any queries or concerns relating to the Group may be conveyed to the following persons:<br />
i. Peter Wong Hoy Kim<br />
Senior Independent Director<br />
Tel : 03-2166 3946<br />
Fax : 03-2166 3943<br />
ii. Mr Eric Toh/Ms Jesslyn Ong<br />
Company Secretaries<br />
Tel : 04-282 4605<br />
Fax : 04-282 4605<br />
COMPLIANCE STATEMENT<br />
The Company is committed to achieving high standards of corporate governance throughout the Group and to the highest<br />
level of integrity and ethical standards in all its business dealings.<br />
In this regard, the Board considers that the Group has complied substantially with the principles and recommendations as<br />
stipulated in the MCCG 2012 throughout the financial year ended 31 December 2012.<br />
This Statement was made in accordance with a resolution of the Board of Directors at a meeting held on 21 May 2013.<br />
Gunung Capital Berhad (330171-P)<br />
25<br />
annual report | 2012